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>> welcome back to "newsline" in tokyo. u.s. president barack obama and his republican challenger, mitt romney, have sparred on stage for the second time. they battled over economics in a televised debate three weeks before election day. the debate took place a a university in new york. more than 80 undecided voters asked the questions. obama took a more aggressive approach than the first bank. >> governor romney has a one point plan. make sure that folks at the top play by a different set of rules. that's what has been squeezing middle class families. we have fought back for four years to get out of that mess. >> romney accused obama of failing to live up to his promises. he claimed the president's policies have doubled the fiscal deficit. >> i was someone who ran businesses for 25 years and balanced a budget. i ran the state of massachusetts as a gompbor to the extent any governor does and balanced the budget all four years. we have four consecutive years where he said he would cut the deficit in half. instead he has doubled it. >> romney put in another controlled performance an
with another from canada, creating a potentially devastating hybrid that could ravage parts of the u.s. northeast early next week. president obama took a break from campaigning thursday to cast an early ballot in his hometown of chicago. speaking at the polling center, obama encouraged americans to take advantage of early voting. >> for all of you who have not yet voted early, i just want everybody to see what an incredibly efficient process this was, thanks to the outstanding folks who are at this particular polling place. obviously, folks in illinois and take advantage of this. but all across the country, we are seeing a lot of early voting. it means you do not have to figure out whether you need to taint time off work, figure out how to pick up the kids, and still cast your ballot if something happens on election day, you'll have already taken care of it. and as bad weather, w you will weather,et. or in chicago, snowy. this was really convenient. >> campaigning in ohio, mitt romney predicted to supporters his election would mean an increase in workers' take-home pay. >> the presiden
. they say walker admitted to the accusation and browning denied he was involved. they are based at the u.s. naval air station ft. worth in texas. they say they were sent to the air base to transport supplies. investigators say the men were drinking before the attack. >> >> translator: this tramples on women's human rates and we will not tolerate this crime. >> since 1973 they are dealt with cases in which u.s. servicemen were arrested on charges of assaulting women. the rape in 1995 of a 12-year-old girl sparked mass protests. the government says they will launch protests with the u.s. and the japanese governments. >>> governor plans to visit the foreign and defense ministries and the u.s. embassy in tokyo. he says this is a serious and unforgivable matter and will urge u.s. officials to lead a thorough strengthening of discipline. they say japanese leaders will make their own interventions with u.s. officials. >> translator: this never should have happened. strengthening discipline and trying to prevent a recurrence are not enough. we need to think about more fundamental measures. >> gemb
there as tensions between the two countries intensify. the u.s. government suing the nation's biggest mortgage lender. we'll take a look at how the global industry is faring. then it's off to paris. the stricken car maker is downgraded by moody's a day after demonstrators stage protests. we'll have details from the french capital. and we'll head to new york where there's an appetite for young, profits that is, up nearly a quarter from a year earlier. we'll take a look on a big day for earnings on wall street. and a big week that's coming up. joining us now onset, though, bob mckey. bob, you're here with us, chief economist from independent strategy. i guess let's just begin by talking a little bit about some of these headlines that we're hearing from the imf regarding financial stability. obvious, i guess, to sort of draw attention to this issue, but in your mind, is there still lingering risk out there from the lack of reform, i guess, in some areas of the industry? >> i think what the global stability report is showing -- it's the third report the imf brings out at this semiannual meeting. e
as competitive in the world as it once was. you see evidence of the u.s. getting some of it back. so mexico sort of had its breakfast, lunch and dinner the past 20 years by china appearing on the scene is probably in the early stages of regaining some of that a. so i think mexico is a big winner. southeast asia, philippines, for example. >> all right. jim, stick around. more to come from you. let's get over to asia and get a wrap of the day over there. >> thanks, ross. asian markets were mostly higher buoyed by improved data in u.s. and europe and also the rba rate cut. surprising move from the central bank helped the australian market end at a five month high. resources and banks enjoyed the rally. the aussie dollar on a one month low on the back of that decision. more companies announced profit warnings as concrete signs of a fwleb al slowdown, but shipping companies rebounded on some short covering.korea, the bok a it would for growth. but the kospi ended flat. losses in hyundai motor and samsung electronics ahead of its q3 earnings guidance. the company also officially added the iphone 5 in
weakness from asia and to a lesser extent, weakness in the u.s. as well. asia slowdown really hittin>> i cart and horse on that. the euro is falling to a session low, post those two bits of data. bund futures extending their gains as well. may not do anything for stock sentiment. talking about asia, china's manufacturing activity was up at a three-month high. the early read suggests the recovery. that wasn't enough to stop a 12th consecutive month of pmi contraction. some analysts still see the need for further stimulus. what is this telling us? are we now on the bottom of the downturn? not the downturn, the slowdown? >> possibly. it's too early to tell. it's only just in -- >> suggest there the chinese survey, the official government one might come out above 50. >> it may well do. but i think one of the interesting things was that the rate of decline has eased quite significantly. the smallest fall for five months. but in there, when we were reading through the reasons, they were saying that their trade had been disrupted due to the spat between japan and china. if we perhaps make a men
's look at some other stories making headlines around the world. the u.s. secretary of state hillary clinton has said that she accepts responsibility for security failures at the u.s. consulate in benghazi. the building was attacked and a full you are american citizens, one of them the u.s. ambassador, was killed. she said she was focused on cracking -- tracking down the killers and bringing them to justice. the captain of a cruise ship which sank off the coast of tuscany has arrived for the second day of the hearing. these accused of multiple manslaughter charges after 32 people died on the costa concordia when it ran aground. in cambodia, people have been mourning the death of the former king who died in beijing on monday. officials expect thousands to line the streets when his coffin is taken from the airport to the royal palace. we have seen droughts in the u.s., rainfall being poor in rarussia and a dry monsoon in other areas. this affects what we eat. it's a world food day today and we are looking at how different countries are coping with rising food prices. first, argentina.
. plus, the u.s. supreme court begins a brand new term very his that could effect us all. >> gay marriage, affirmative action, voting rights. those just a few of the controversial issues that the top court is expected to tackle. but tonight could the healthcare law be back on the agenda? plus the u.s. military suffered its 2,000th death in afghanistan. three more american troops are dead in a bomb attack tonight, what the latest could mean for the america's war. >> and does anybody remember where we parked the car? but first from fox this monday night. the race for the white house both president obama and the republic presidential nominee mitt romney are out west right now getting ready for their first debate this wednesday. there are a total of three presidential debates scheduled. the first one at the university of denver set to focus on domestic issues. it comes as the new national poll from "the washington post and abc news finds president obama leading 499% to 47% nationally. that's well within the margin of error. but national polls don't actually tell it the whole story because thi
still for the u.s. dollar. the trade for the australian dollar has been down since then. so it seems as though that might be a little bit broken. dollar-yen rates fairly stable for a couple days, but still we are seeing story up and down a tenth of a percent. euro/dollar -- 129 and a quarter is the handle. the golden week holiday has been impacting liquidity, although some people really take you off for some of those beach destinations. >> really a lackluster day of trade. the hang seng came back from holidays, to end marginally in the green. strength in defensive telecoms were partially offset due to falling oil prices. over in japan, the nikkei heat a three-week low as investors remained cautious ahead of the boj and ecb meetings, but the retailer rallied, because annual group sales could top nearly $1 billion. if so, it would be the first japanese retailer to ever reach that scale. over in australia, the asx 200 edged up to a 14-month high. minors slumped following a short rise in the trait deficit. india now higher by .2%. >> up next, uk drinks maker have been given an extinction
a series of car bombs target government forces in aleppo. >> the u.s. revs up what europe stalls. -- while europe's tallest. captioned by the national captioning institute --www.ncicap.org-- it is the day the people of germany celebrate the unity. 22 years ago, east and west reunited with the blessing of their european neighbors. now there has been a pill to draw the right lessons in the crisis europe faces. >> the president of the parliament says his country must strive for greater unity in europe and he warned against perverting -- reverting to old national rivalries as the weaker members of the eurozone struggle. >> the speech in munich is the center of the celebration. >> the ceremony began with music from richard strauss's opera. more than 1500 people attended the ceremony, including germany's top political leaders. the bavarian state premier compared the process of german unification to that of creating a united europe. then he gave the keynote address. >> we are german europeans. we must devote to the nfl -- unification of europe the same effort we made in german unification. he add
headlines. the september u.s. jobs report is up on the mood of investors with data expected to show another month of modest yet unspectacular growth. samsung expects another record quarter of smartphone sales, but analysts say this could be the peak. and the bank of japan holds off on more easing for now, but opening the door to more action later this month. also, spain's finance minister says the country does not need a bailout facing a skeptical crowd in london, but could rajoy be cornered by the leaders of france and italy at a meeting today? i've been away for a couple of days and thanks for whoever filled in. on today's show, planning more sanctions on iran. we'll look at the worsening impact on the panel of experts. larry fink said the u.s. housing market is inching closer to a rebound. we'll hear more from that interview. and can the united states dodge a financial cliff in we'll speak to a guest who has clear ideas of what needs to be done. first it's about the jobs report, unemployment report due out at 8:30 eastern. economists think yet another month of modest job growth, but not
in launching a satellite carrying rocket. trying to test ballistic missile technology. pak accused the u.s. of forcing the council of the launch. and he accused south korean president of causing interkorean relations to hit rock bottom. some people from japan are an emotional and spiritual journey in north korea. paying their respects to relatives they lost at the end of world war ii. fathers and mothers, brothers and sisters, who died and were buried far from home. nhk world reports from pyongyang. >> reporter: parents or siblings of the group's members died of illness or hunger while interned by the soviet military. it occupied what is now north korea right after the war. the group arrived in pyongyang on saturday. they visited a site where the dead were first buried, then a hill where the gd more than 20 japanese journalists to cover the visit. some japanese are praying for the family members and relatives at their grave site. this is the first visit of its kind since world war ii. japan's health ministry says some 35,000 japanese died in the area. but it says the remains of about 20,00
people to unite. the economic penalties by the eu and the u.s. have caused the value of the currency, the riyal, to plummet. thousands of people took to the streets of tehran two weeks ago in protest. a spokesperson from iran's petroleum ministry said earlier this month a natural gas embargo would have no effect as the country doesn't export it to the eu. iran has the second largest natural gas reserves in the world. officials say they plan to expand exports to turkey and other neighboring countries. but these latest sanctions could affect those plans. >>> eu foreign ministers agreed to tighten sanctions against syria, too. they've been trying to pressure president bashar al assad to stop a crackdown on his own people. the ministers shared their concerns about the spread of the conflict into turkey and other neighboring countries. they agreed to impose sanctions on more individuals and companies. >> we've added 28 people to the list of those subject to a travel ban and an asset freeze. two additional entities were targeted with an asset freeze. >> 54 entities and 181 people are now s
. >>> then in another exclusive, u.s. bankcorp ceo on his company's earnings. >>> and trouble ahead? s&p's chief economist tells us about three big risks looming on the economic horizon and why there's no room for error. find out what they are ahead on the "closing bell." for [ male announcer ] it's a license to drive. but to you, it's a leap of faith. it means letting go... and learning to trust. ♪ all across america, thousands of teens showed state farm what it means to them. ♪ at a national event that gives new drivers the knowledge they need to take the wheel. we call it celebrate my drive. you might call it peace of mind. learn more at celebratemydrive.com. sleep train's best rest event is ending soon. don't miss your chance to get sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. but the best rest event ends soon at sleep train. superior service best selection, lowest price, guarantee
in the long run they do compound as i described, look at the u.s. versus europe and japan. ice ice assist in the day, 26 -- california greater 26 of the top 500 largest companies in the world. europe has created one during that timeframe going back to the 1970s. why is in europe and japan able to produce the kind of innovation, the kind of growth, the kind of employment and the kind of middle-class became wages that the u.s. economy has produced? often people say we have entrepreneurialism in our blood, but we didn't grow our economy faster until 1992 when the commercialization of the internet. if anything our productivity was growing slower than theirs was. our product movie -- one and a half of this two-pointer coming from innovation. they move from one and half to two, to one, to one and a half. i just don't think that god blessed america with entrepreneurial blood. i think we earned it the old-fashioned way. will work harder, to more risk, made more investment if you count the salary of thinkers and innovators as part of what investment is, which our manufacturing accounting doesn't.
situations to stabilize, as well, because of the improving signs in u.s. economy and that will help the china market to fund the bottom and reverse the down trend oig by the second half of the fourth quarter. >> we're looking at this transition towards domestic consumption. the retail sales that we've been looking at as you're suggesting not exactly brilliant either. if you're looking for more policy initiatives, what are they going to be and are they going to focus on that retail consumer side? >> the retail consumer side, yes, they will focus on it, but it will not be a quick fix. trying to encourage more retail and more consumptions, you need structural changing wage growth which they are doing, but they can't to it overnight. and also in providing more social securitys. and that's going to take a while. and i will say that the quick fix is more on the investments which they have already announced sizable stimulus in infrastructure spending. of course the largest component of the gdp which is the fai. and that would be short term solution. long run, yes, they are also working on the retail
. and a late burst of spending by consumers is likely to boost third quarter u.s. gdp, but growth may still be too sluggish to bring down employment. welcome to today's show. the last one of the week here. and just remind you plenty to get through as we count down toward the gdp number in the u.s. we'll have an interview with the boss of jpmorgan, jamie dimon. his views on the election and his outlook on the economy. microsoft is unveiling its windows 8. we'll have the latest plus in-depth analysis at 11:45 cet from new york. at 10:20, we're heading to hong kong. big day for earnings from chinese lenders. and then at 1 ch11:50, we're in chicago and third quarter u.s. g gdp. apple corporate figures up 24%, but it missed analyst forecasts. second straight miss for the company. revenues rose 27%, slightly better than expected. apple sold nearly 27 million iphones. the iphone 5 was released at the end of the quarter, but ipad sales were well short of forecasts. apple first quarter guidance which includes the holiday shopping season also trails analyst estimates. lowist figure in around four yea
from u.s. ratings agency moody's, which expects hard times for german banks and warns they are not as crisis-resistant as institutes in other countries. it put pressure on the dax, but the german dax was also under pressure after a very successful week due to very disappointing results from the u.s. >> let's get a closer number at that -- a closer look at those numbers. it was a down day for the tax, ending its winning streak because of concerns about europe's banks. it was a similar story for the year of stocks -- the euro stoxx 50. trading is still under way for the dow jones industrial average, and it is being dragged lower by disappointing corporate earnings. the euro is trading for $1.3021. and suddenly, today is the 25th anniversary of the stock market crash of 1987, known as black monday. the dow plunged more than 20% on that date. >> that's right. in europe, leaders are hoping the eu's banking deal will help shore markets and reduce the possibility of an event like that happening again. >> but the sad reality on the ground is that ordinary citizens continue to
saddam hussein. that only happened because of the u.s. invasion of iraq. but then even after the u.s. invasion and the toppling of hussein -- pusan -- a secular liberal government that was willing to cede some of its sovereign rights to a foreign power. some claim it's all different now with the islamic republic because the arab awakening, the demonstration effect will work together with sanctions to find the break the back of the islamic republic. but this ignores the fact that the islamic republic sees the arab awakening as hugely positive, hugely positive. iranian policymakers and analysts believe that any arab government, any arab government that becomes at all more representative of its populations beliefs, concerns and policy preferences will, by definition, be less enthusiastic about strategic cooperation with the united states, let alone with israel, and more open to iran's message of foreign policy independence. what policy elites here ms., is the islamic republic does not need governments to be more pro-iranian. that's not what they need. they just need these governments to
. a thousand page report from the u.s. anti-doping agency on how the seven times tour de france winner got away with it. >> it paints an undeniable web of, unfortunately, the deepest and the most sophisticated professionalized drug program we've ever seen a team run. >> hello, with the world of news and opinion. also in the program, the airport drama that escalates tensions between turkey and syria. and from moscow and damascus flight that had illegal cargo. the young pakistani girl shot by the taliban because she campaigned for education. still critical and now moved to another hospital. it's midday here in london, 7:00 a.m. in washington where the sporting icon lance armstrong's reputation has suffered yet another blow at the american anti-doping agency labeled him a serial cheat. they have accused him of being at the heart of the most sophisticated doping program ever seen in the sport. it says armstrong used illegal blood and drug transfusions and led his teammates to do the same. >> the american anti-doping agency says it is beyond doubt. lance armstrong won the tour de france seven times
and virtually assure thad the treasury bond markets will lose patience with the u.s. congress and within two-five years and you will get a snap back and negative reaction from the treasury market who may not buy our u.s. bonds in force. there is a lot of feelings in the bond markets and laid back world coming to the u.s. as a safe haven. but jamie diamond saying that the u.s. can't borrow indefinitely . you don't the treasury market do your fiscal work for you. you don't want the fiscal discipline done for you. >> it is said only adult in town and doing something childish in the process. lizzie, it is ridiculous. thank you very much. star of fox business network. you don't get you should demand because your fiscal future depends on it. she mentioned jamie diamond. he is considered one of the brains was wall street and putting couple million dollars aside in just a case sceniar just in case it hits the fan. not if that will come in handy if there is a melt down. he's telling you he's girding for the storm. you should remember that. he said oh, this is the six billion bad trade? i want to remi
heel state. >> ifill: then margaret warner updates the investigation into the assault on the u.s. consulate in libya. >> woodruff: we look at new findings showing australia's great barrier reef has lost half its coral in the last 27 years. >> ifill: and we close with snapshots of three of this year's macarthur genius award winners, each with a unique view of war. >> people tend to look at the military, they tend to look at war and they tend to look at conflict as something very black and white. it's not like that at all. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: creating new enriching experiences. through intel's philosophy of "invest you for the future" we're helping bring these new capabilities to market. we're investing billions of dollars in r&d around the globe to have the heart of tomorrow's innovations. by investing toy in technologicalled advances here at intel, we can help make a better tomorrow. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to liv
of is romney presidential in a way that he could lead the u.s. on the world stage? we've seen an ad and a memo out today from the obama campaign trying to paint him as belacose, as not ready, and we expect president obama is going to be doing that tonight here in florida. >> one of the other big issues likely to come up tonight is iran. over the weekend i see your "times" article saying the u.s. and tehran had agreed to one-on-one talks about iran's nuclear program after the election. u.s. will deny that. a lot of people might say what's wrong -- regardless, can the president make the case that his strategy on iran is working or does this give mitt romney an opening? >> you know, the answer may be yes to both of those. obviously president obama would make his case that these are the toughest sanctions ever, and that they have been working. you just look at iran's economy. you look at the value of iran's currency, which has plummeted, and he can say the sanctions are working, but, obviously, governor romney can say they're not really shifting iran to changing its behavior. even if everyone expe
sandy is expected to pack a huge punch when it hits the u.s. forecasts call for the storm to return it hurricane strength and while the timing and location of sandy's landfall is unclear, people are bracing along the eastern seaboard. governors in new york, pennsylvania, maryland, they've issued states of emergency while the limited state of emergency is in effect for maine. >>> meanwhile, the governor of delaware is prepared mandatory evacuations if sandy remains on its current path and in nearby virginia 300 national guardsmen could put on recovery efforts after sandy passes through that state. for those of you traveling this weekend, sandy is certainly going to have an impact. several airlines are announcing they will change their fees. >>> meteorologist alexandria steele joins us now. we're talking about maine and maryland and where is the storm now? >> maine to miami beach. you're talking about airport delays and cancellations and you could think of tens of millions being impacted. boston, new york, washington, dulles, reagan national. i mean, every major airport on the eastern
, and now it's got her to the doorsteps of the u.s. supreme court. one thing i'd like to agree with ms. bowie on is where the rubber meets the road is k-12 # education. the reason we have a bold argument is the big gap in the academic qualifications and various racial groups coming out of high school and first grade for that matter, and that's where we should be pouring our energy and our resources, and i want to be clear, i am by no means saying that what students of color should not be at the best universities, but if they are admitted under similar standards or even slightly different standards from the other students, they are not harmed. it's great. the problem is not whether you're a student of color. it could happen to an athlete. if you were taken into a university, it's very much less prepared academically than your classmates, it's likely to harm you. if you are well qualified, you'll do fine. >> host: next call from sandy, cleveland, ohio, democrats' line. go ahead. >> caller: [inaudible] you don't have statistics to prove that students that are admitted are in the program f
's representatives in the u.s. senate. senator tester will go first, followed by rep river. >> i want to thank everybody in the audience and on the panel and everyone who is listening tonight. how many people in this audience are from the silly -- the city of billings. raise your hand. thank you very much. congressman rewhberg is suing each and everyone of you. i have talked about montana and people working together. the first thing you do when you've got a grass fire, the firefighters put it out and they put their but on their line and you do not respond and say thank you by filing a lawsuit, which is exactly what he did. that is not moving the committee forward. it has been a pleasure for the last six years to represent the great state of montana. people like thomas, who is a veteran in afghanistan and is still a part of active military. he lost part of his legs and an arm. he will have prosthetic legs at some point. to be able to move forward, those people give me a drive for this job. a person like lisa jones, who is a cancer survivor. she went to a committee health center that would not h
intact. for me, the election is a big, big deal. even though it's u.s., not europe f the election is messy, if people get nervous about that oar the fiscal cliff, we'll see the euro fall as money goes back to t bills. >> it's a great point. ri rick, what are you seeing today? >> i'm a little nervous about trying to buy the current selloff in the treasury complex because, of course, itti could t a life of its own. on the other hand, they don't say even though starts and new home sales may be improving, there's still a huge foreclosure buildup that may be sitting on the books in banks. they continue to operate on these assumptions of a range. they believe the euro currency is going to have a hard time getting above 132. they're looking at the dollar/yen in terms of potential. they're also looking at the s&p. when we get within 3 to 5% of the all-time highs, they're looking to fade that move. >> it's interesting. what do you think the next catalyst will be for this market, guys? in terms of what leads investors. we have the election on the horizon. the fundamentals story was supposed
were reported, but turkish soldiers returned fire across the border. as the, the u.s. security council condemned syria for firing mortars at turkey earlier this week, an attack in which five people died. for the very latest, let's go straight to ankara where thomas is standing by for us. tell us more on this latest incident. what more do you know? >> we know that federal villages from the area have told the turkish media that they heard explosions in the vicinity just over the border. nobody knows if it is quite true yet if those explosions came from turkish rounds fighting with syria or indeed fighting raging inside syria between rebels and government forces. it is a little bit unclear at the moment. what seems to be clear, though, is that turkey is making it very clear to syria that it is not accepting any more of this cross-border shelling.% the response was immediate by turkish artillery into syria itself. >> let's look into the warning there -- he has been saying since the middle of the week that turkey is not looking for work, but today, he is now saying it is close to war. what
, which they say would save another 4 million lives. mitsuko nishikawa, nhk world, tokyo. >>> u.s. vice president joe biden and his republican challenger congressman paul ryan clashed over a wide range of issues during their thursday debate. they included the direction of the country's economy as well as foreign policy. paul ryan attacked the obama administration on the economic front. >> we're heading in the wrong direction. 23 million americans are struggling for work today. 15% of americans are living in poverty today. this is not what a real recovery looks like. we need real reforms for real recovery. and that's exactly what mitt romney and i are proposing. >> joe biden defended the president's record, saying the markets were in a free-fall when obama took office. he counterattacked by accusing mitt romney of holding hostage the middle class and not supporting the recovery. >> we knew we had the middle class. we immediately went out and rescued general motors. we cut taxes for the middle class. and in addition to that, when that occurred what did romney do? romney said no, let detro
rallied. i think it's a broader focus. the european tail risk has gone away. u.s. and china numbers aren't great, but they're stabilizing. so i think people are getting their heads around the fact that things have perhaps bottomed out in the market. > > as you mentioned, ibm was a heavy weight on this market yesterday. could that continue on into today? > > it definitely could, and we'll see earnings coming out later. but right now i think the expectations are so low for the market, and i do believe that most people are looking past quarter three and maybe even quarter four, and i think more people are looking toward china and looking toward europe for where the market is going to go next, and not really on earnings per say. > > what about ge though? this sometimes can be a market mover. the earnings are coming up on friday morning. > > ge definitely could be a market mover. but when i consider the fact that yesterday ibm went down 5.5% and the s&p and the dow continued to rally, i don't know how much impact ge could have unless their earnings were so poor and such a game changer. other
of the general world economy. we see uncertainty in the u.s. and china slowing. >> bp is in advanced talks with rosneff but says no decision has yet been made. and president obama, mitt romney head into their final debate tonight as new poll shows they're now in a dead heat with just two weeks to go before election day. and plus japan records its sharpest export since last year's devastating earthquake. raising fears the world's third biggest economy could be slipping back into recession. it's the start of another week here on on "worldwide exchange." kelly is state side helping to host "squawk on the street." p meanwhile plenty to come still on today's show. here in london, protesters have been marching against austerity. one of our reporters was there. demonstrators took out their anger on multinational companies. in new york, wall street a underwhelmed as corporate giants like ge, part owner of this station, had cautious revenues. we'll pibd out if cat pill what are and yahoo! will buck the trend or affirm it pnd and obama and romney squaring off, who is likely to deliver the knockout b
it was ratifying sanctions taken earlier this month by the u.s. anti-dumping agency -- anti-doping agency, usada. >> it had claimed that armstrong was at the heart of the "most sophisticated and successful" of doping programs the sport had seen. >> uci has ousted him from the sport. >> uci will ban armstrong from cycling and strip him of his seventh tour de france titles. lance armstrong has no place in cycling. >> the uci upheld sanctions imposed by usada, accuses armstrong of being at the heart of a systematic doping culture. usada alleges the rider's victories from 1999-2005, after his recovery from cancer, or helped by illegal substances -- were helped by illegal substances. his teammates say he was bullying them into keeping quiet. there has been criticism of the uci for accepting $100,000 in donations -- 100,000 euros in donations from armstrong. armstrong is defined. -- defiant. >> but ask me how are you doing. i've said, i've been better, but i've also been worse. among last week, he stepped down as chairman of his -- >> last week, he stepped down as chairman of his foundation. >> furthe
>>> hitting the battle ground. u.s. president barack obama visits swing states and tries to win over voters who can make a difference. the u.s. president and the man who wants that job are back on the campaign trail after their last debate. barack obama and mitt romney are traveling through several states that could determine the election two weeks from now. they're both trying to do the same thing, win over undecided voters. president obama spoke to supporters in florida one of the key battleground states. he said romney had changed his stance on several issues monday during the debate on foreign policy. obama used the term he coined for such flip-flops, romnesia there is no more serious issue in a presidential campaign than trust. the person who leads this country, you've got to have some confidence that he or she means what he or she says. >> romney spoke at a rally in henderson, nevada and said obama is resorting to attacks in the absence of new ideas of his own. >> we can handle two more weeks of the attacks that are coming from barack obama but we cannot handle four more y
him as a stabilizing figure. the u.s. secretary of state hillary clinton promised american help into the car bomb investigation. such support may by the government times for now, but it's not likely to survive with violence in the streets. >> let's take a look at some other stories making headlines. the cuban revolutionary leader fidel castro has appeared to refute rumors that he's on his deathbed. photographs of the former leader appear in state media holding a copy of friday's newspaper. he said he was releasing a photograph to show how dishonest the rumors were. he says that he feels fit. the british high commissioner in india, the british government suspended ties with a person allegedly complicitous in riots which killed thousands of people. in south africa, the inquiry into the shooting a 34-by police has resumed. the violence took place at a strike at the plant in the mind in august at the marikana mine. it was adjourned to allow family members and victims to attend the funeral. the lance armstrong doping scandal, the governing body of the cycling world is announcing whet
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